Private Limited Company Registration2019-10-12T11:45:02+00:00

Private Limited Company Registration


Register your Private Limited Company with speed, ease and Value Savings

-We will draft and file your application to MCA

-You just need to fill a simple 10-minute Questionnaire

– Simplifying your business journey

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Company Registration
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What is a Private Limited Company?

Private limited company is the most popular legal structure option in India. A Pvt Ltd. Is incorporated under the Companies Act 2013 and it is governed by Ministry of Corporate Affairs (MCA). It is a separate legal entity from its owners.

It is most favored since it provides multitudes of benefits to its directors. Like limited liability, that is in case of any default, bank/creditors can only sell the company’s assets and not the personal assets of the directors.

This is an ideal option for startups who:

  • Wants to incorporate a business that has limited liability and perpetual succession.
  • Want to go for seed funding.
  • Want to issue ESOP’s to their employees.

The registration of your Private Limited Company can be done using our services. We have served clients of major cities like Delhi, Mumbai, Bengaluru, Chennai and provide this service pan India.

What Is Included In Our Private Limited Company Registration Package?

  • DIN for 2 Directors
  • DSC for 2 Directors
  • Name search & approval
  • MOA/AOA
  • ROC Fees & Pan card

Private Limited Company Registration Process

    Step 1: Obtaining Digital Signature (DSC) and DPIN

    Since the whole process of registration is online, the directors are required to have a DSC (class II or III). This service is included in our package and you needn’t pay anything for it. In case the directors already have a valid digital signature, then they can skip this step.

    Step 2: Application of DPIN

    For a person to be a director of a company, you need to fill this form, if you haven’t done it already. One DIN form can be used to become a director in any number of companies.

    Step 3: Name approval

    At this step, you are supposed to submit 3 different names for your company. From these 3, one will be selected. The names submitted should be unique and suggestive of company business.

    Step 4: Form SPICe

    After this, you need to get it digitally attested from a Chartered Account/Company Secretary/Advocate in practice. And then, complete the application in INC-32

    Step 5: e-MoA (INC-33) and e-AoA (INC-34)

    Before SPICe, these form were filled physically but now you can fill these up online at the MCA portal along with SPICe (INC-32). You need to sign these forms digitally and fill all the details. If the documents submitted are approved, then the registrar of the company will issue a certificate of Incorporation and CIN (Corporate Identity Number).

    Step 6: PAN and TAN application

    After you receive the CIN, you can apply for TAN and PAN of the company, as these are required for opening a bank account. This step could be performed along with INC-32 at the time of incorporation.

    Documents Required for Private Limited Company Registration

      Minimum Requirements of Company Registration

        • Minimum 2 shareholders
        • Minimum 2 directors
        • Minimum 1 lakh capital
        • DPIN for all the directors
        • At least one Designated partner should be an Indian Resident

        Comparison between different entities

        Type of businessProprietorshipPartnershipLLP (Limited Liability Partnership)Pvt Ltc.OPC (One Person Company)
        MembersOnly 12-202- no limit2-200Only 1
        Legal status of entityNot considered a legal entityNot considered a legal entityConsidered a legal entityConsidered a legal entityConsidered a legal entity
        Members LiabilityUnlimited liabilityUnlimited liabilityLimited liability of its membersLimited liability to the extent of its share capitalLimited liability to the extent of its share capital
        RegistrationNot mandatoryOptional registration under the Partnership Act 1932Registered under MCARegistered under MCARegistered under MCA and Companies Act 2013.
        Transferability optionNot allowedNot allowedTransferableTransferableAllowed to only one person
        TaxationCalculated individually30% of the profit made30% of the profit made and CESS with surcharges applicable30% of the profit made and CESS with surcharges applicable30% of the profit made and CESS with surcharges applicable
        Annual FilingsFiled with the registrar of companiesFiled with the registrar of companiesFiled with the registrar of the companyFiled with the registrar of the companyFiled with the registrar of the company

        Mandatory compliances of a Private Limited Company

          The following list presents you with the mandatory compliances of a Private Limited Company every year:

          • An auditor must be appointed by the company
          • There should be at least one AGM (Annual General Meeting) and at least 4 board meetings (one in each quarter).
          • The books of the company must be audited by an independent auditor
          • In addition to this, the company shall file the form AOC-4 and MGT-7 as a part of annual compliance within a specified time frame.
          • There should be annual filing of the ITR
          • There should be annual filings to the registrar of the companies as well.

          Frequently Asked Questions

          What is Private Company Registration?
          How to get a Private Company Registered?
          How much does it cost to get Private Company Registered?
          What is the process of getting Private Company Registered?
          What are the documents required to get a Private Company Registered?
          Does it need some qualification to be a director?
          Is a Private Limited company is eligible to make FDI (Foreign Direct Investment) in India?
          What are the primary requirements to incorporate a Private Company?
          Can a Private Limited Company carry multiple businesses?
          What do you mean by Limited Liability protection?
          What are the different types of Private Companies?
          What is Digital Signature?
          Is it possible to convert One Person Company into Private Limited Company?
          Is it possible to register the company at the residential place?
          After the company is registered, what statutory requirements needs to be fulfilled?
          Is there any annual compliances to be fulfilled by a Private Company?
          What are the base tax rates for a domestic company?
          What is the difference between authorized share capital and preference share capital?
          What is Memorandum of Association and Articles of Association?
          What is Company Registration Certificate?
          What are the advantages of Private Limited Company?
          How many directors are necessary for a Private Limited Company Registration?
          Who can become a private limited company member?
          Does it require the physical presence of the person/ owner for the incorporation of the company?
          Are there any hidden or extra charges except the fees paid at the time of registration?
          How much time does LegalRaasta.com take to get the Private Limited Company registered?
          Can NRIs/Foreigners become the director of your Private Limited Company?
          What is the minimum capital needed to form a Private Limited Company?
          Do I need to have a proper office address for registration of private limited companies?
          Can a salaried person become the director of a company?
          Is my LLP convertible to a Private Limited Company?